Home News IIM Ranchi Hits ₹50.39 LPA! But Are These MBA Salaries Just Hype or Real?

IIM Ranchi Hits ₹50.39 LPA! But Are These MBA Salaries Just Hype or Real?

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Nisha Gupta
Nisha Gupta
IIM Ranchi Hits ₹50.39 LPA! But Are These MBA Salaries Just Hype or Real?

Indian Institute of Management (IIM Ranchi) has reported an impressive salary package of INR 50.39 Lakh per annum during the placement season of 2024-25, which shows a staggering 33% increase in the IIM Ranchi highest package as per domestic CTC. Students are getting enthusiastic, and even their expectations have been raised for a newer IIM. These facts raise questions about the versatile dynamics that are constantly evolving for B-School placements in India.  

While the institute has 100% placements to boast about, with 236 PPOs (an increase from last year) and the average salary rising to ₹18.69 LPA, the shining star is naturally the ₹50 lakh+ offer. But the million-dollar question is: how many students get even close to touching the number?


“It’s the age-old MBA trick. Throw a massive CTC number in the headline and bury the real median in the middle,” quipped an X (formerly Twitter) user and MBA alumnus.


IIM Ranchi Placement 2025: Highlights

The Indian Institute of Management (IIM) Ranchi has announced its Final Placement Report for the academic year 2024-25. According to the institute's statement, the highest domestic cost-to-company (CTC) package stood at Rs. 50.39 lakh per year for an MBA student. It is an increase of 33 per cent from last year. Pre-placement offers (PPOs) recorded a significant spurt, with almost 30 per cent of MBA-Human Resource (HR) and 19.8 per cent of MBA students getting offers prior to final placements. The table given below shows the highlights for IIM Ranchi placement:

Placement ComponentDetails
Highest Domestic CTC₹50.39 LPA
Average CTC₹18.69 LPA
Median CTC₹17.30 LPA
Top 10% Average CTC₹31.90 LPA
Top 25% Average CTC₹26.09 LPA
PPOs (Pre-Placement Offers)236 (10.28% increase YoY)
Total Recruiters120+
New Recruiters41
Domains CoveredConsulting, Finance, Marketing, General Management, Operations, IT & Analytics

Top Companies at IIM Ranchi in 2025: Changing Trends or Just Big Names on Paper?

The placement report was presented in the presence of Director Prof. Deepak Kumar Srivastava, Dean (Academics) Prof. Tanushree Dutta, Chairperson (Corporate Relations) Prof. Rajeev Verma, and other faculty members.

Together, 96 unique companies were involved in the hiring process under the flagship MBA, MBA-HR, and MBA-Business Analytics programmes. Of the students placed, 59 per cent were freshers and 31 per cent were female. The average salary per annum given to the highest 10 per cent of students increased by 7.7 per cent, and a 6.6 per cent rise was experienced among the highest 25 per cent of students.

Top companies across multiple industries participated in the recruitment process. The BFSI and Fintech sectors hired the maximum number of candidates, followed by Consulting, E-commerce, FMCG, Information Technology, and Manufacturing. The hiring in strategy and consulting roles increased by 33.33 per cent, as did the hiring of PPOs extended in sales and marketing roles, which increased by 28.6 per cent.

SectorKey RecruitersSalary Trend
ConsultingDeloitte, EY, Accenture, PwC, KPMG₹20–32 LPA
FinanceICICI Bank, Yes Bank, Nomura₹14–22 LPA
Marketing & SalesHUL, Vedanta, Emami, Tata Steel₹12–20 LPA
IT & AnalyticsWipro, Capgemini, Cognizant, Tiger Analytics₹13–21 LPA
Operations/General MgmtVedanta, L&T, Tata Power₹12–18 LPA

IIM Ranchi Average Package Trend: Is the ₹4 Lakh Jump in 5 Years Worth the MBA Investment?

YearAverage CTC (INR)
2021₹14.69 LPA
2022₹15.63 LPA
2023₹16.17 LPA
2024₹17.30 LPA
2025₹18.69 LPA

Freshers and Women Dominate IIM Ranchi Placements—Is It Fair to Experienced Candidates?

The last placement report also indicates encouraging trends for women students and fresh graduates. 59% of the students placed were fresh graduates, and 31% were women, reflecting the institute's emphasis on diversity and gender equity.

Besides, average salary offers per annum increased by 7.7% among the top 10% of students, and the top 25% increased by 6.6%.

IM Ranchi Placement 2025 – Function-Wise Placement Distribution

FunctionPercentage of Offers
Consulting29%
Finance20%
Sales & Marketing18%
IT & Analytics15%
General Management10%
Operations/Supply Chain8%

Growth in Consulting and Sales/Marketing Roles

Key HighlightsDetails / Growth
Growth in Consulting Roles33.33% increase
Increase in Sales & Marketing PPOs28.6% increase
Number of Electives Offered24+ electives
Notable ElectivesArtificial Intelligence Strategy, Strategic HRM, Digital Marketing, Design Thinking
Key Prepared RolesTechnology Strategy Consulting, Business Analysis, Risk Management, Marketing Research Management

Final Thoughts!

Responding to broader industry requirements, IIM Ranchi focused strongly on integrated learning. The students were taught over 24 electives that spanned the domains of Artificial Intelligence Strategy, Strategic Human Resource Management, Digital Marketing, and Design Thinking. This training equipped them for diverse roles such as Technology Strategy Consultant, Business Analyst, Risk Manager, and Marketing Research Manager.

Professor Srivastava attributed the institute's increasing reputation and placement record to its flexible curriculum and robust corporate networks that it maintains. He declared that the institute's emphasis on holistic learning across the subjects gives its students a clear edge in the job market.

 

 

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